Time will tell.
It looks much more to me like day traders tried to trigger the 8.5c and get taken out on a sweep but it failed. They dumped and had to sell the last 500k on the close. Yes there were real trasactions in there as well but we still have the same old bids around 8c and offers above 8.5c
It remains in an upchannel with positive MACD but today looked more like a zero sum game in the end unfortunately.
500k sell and it trades 8.2c or 300k buy and it trades 8.6c
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 (20min delay)
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Last
2.4¢ |
Change
0.001(4.35%) |
Mkt cap ! $65.45M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.4¢ | 2.3¢ | $9.781K | 414.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1380990 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 1966629 | 5 |
View Market Depth
| Last trade - 16.10pm 16/09/2025 (20 minute delay) ? |
| ADO (ASX) Chart |